123-125 North St - Apartments FOR SALE


New Britain, CT 06051- New Britain/Newington/Wethersfield
$950,000 USD
203-980-6412
123-125 North St, New Britain, CT for Sale
$950,000 USD
Apartments - FOR SALE
1/27
null | 6.68% Cap Rate


HIGHLIGHTS

  • Prime Central New Britain Location- just minutes from downtown New Britain, public transportation, shopping, and major highways.
  • Separate utilities and off-street parking help keep operating costs organized and predictable while the mixed unit layouts appeal to long-term tenants
  • Stable cash flow from seven residential units plus a ground-level commercial space that is occupied by a Barber Shop.

OVERVIEW

Excellent investment opportunity in a central New Britain location. This 8-unit mixed-use building includes 7 residential apartments and 1 ground-level commercial space, providing a strong and diversified income stream. The residential units feature a mix of layouts that appeal to long-term tenants, while the commercial unit offers visibility and convenience for local business use. Additional highlights include separate utilities, off-street parking, and close proximity to downtown, public transportation, shopping, and major highways. Whether you're expanding your portfolio or seeking stable cash flow with upside potential, this property is a must-see. Schedule your private showing today!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

8

PRICE/UNIT

$118,750

CAP RATE

6.68%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CBD

APN/PARCEL ID

NBRI-000007A-000000-C000097

ASK ABOUT THIS PROPERTY

Justin SudolAlpha Capital RealtyMore Info
203-980-6412

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Justin SudolAlpha Capital RealtyMore Info
203-980-6412

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.